Abazias Approves 1 for 40 Reverse Stock Split; Previous New Symbol Issued in Error 9/8/2006
GAINESVILLE, Fla., Sep 08, 2006 (BUSINESS WIRE) -- Abazias Diamonds (OTCBB:ABZS) today announced that the Abazias Board of Directors and major shareholders have approved a reverse stock split and established a ratio of 1 for 40. Abazias common stock will begin trading on a reverse-split basis on September 11, 2006.
Effective September 11, 2006, the company's stock will trade under the symbol (ABZA) and not (ABZD) as previously released. This will remain the new permanent symbol for the company.
"The decision made by Abazias Board of Directors to complete the planned reverse stock split enables us to attract new investors," commented CEO Oscar Rodriguez. "Meanwhile, the online diamond and jewelry industry is moving to a new growth phase, Abazias' market share is trending up, and we are entering the busiest time of the year, holiday season. We are confident that this decision, combined with continued strong sales and increased presence in the marketplace, will contribute to shareholder value creation."
As a result of the reverse stock split, every 40 shares of Abazias common stock will be exchanged for one share of Abazias common stock. The reverse stock split affects all shares of common stock, stock options, and warrants of Abazias outstanding as of immediately prior to the effective time of the reverse stock split. The number of shares of outstanding Abazias common stock will be reduced to approximately 2.1 million from nearly 85.7 million.
The purpose of the reverse split is to reduce the number of outstanding shares in an effort to increase the market value of the remaining outstanding shares. In approving the reverse split, the board of directors considered that the Company's common stock may not appeal to brokerage firms that are reluctant to recommend lower priced securities to their clients. Investors may also be dissuaded from purchasing lower priced stocks because the brokerage commissions, as a percentage of the total transaction, tend to be higher for such stocks. Moreover, the analysts at many brokerage firms do not monitor the trading activity or otherwise provide coverage of lower priced stocks. The Board of Directors also believes that most investment funds are reluctant to invest in lower priced stocks.
Abazias.com showcases over 80,000 diamonds, valued at over $400 million on its site at www.abazias.com. Most of Abazias.com's diamonds are GIA, AGS or EGL certified. Abazias.com offers the "Couples Diamond(R)," which is required to meet even higher standards for cut, clarity and dimensions. Abazias.com is also a full-service jeweler offering a large selection of settings for stones purchased. For more information about Abazias.com, visit the Company's website at www.abazias.com.
This press release may contain statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to those detailed from time to time in the Company's filings with the Securities and Exchange Commission.
SOURCE: Abazias
SmallCAPVoice.com Investor Relations Stuart T. Smith, 512-267-2430 SSmith*SmallcapVoice.com or Kollaras Communications Rebecca Kollaras, 305-754-5949 Rebecca*Kollaras.com
Copyright Business Wire 2006
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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quote:Originally posted by Schwabie: J_U_ICE..................
Thanks Schwabie good to be back!!!
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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DC Brands International Begins Sending Out Shareholder Meeting Notices
DENVER, CO -- (MARKET WIRE) -- September 08, 2006 -- At the close of Business Friday, DC Brands International (PINKSHEETS: DCBI) announced they will be sending out the annual shareholders meeting notices & invitations on Tuesday the 12th. The company's President and CEO, Dick Pearce, said, "We previously announced that we wanted to invite all of our shareholders to come here to Denver and meet with us to go over our company's history, present position and extremely exciting near and long-term future on Friday, October 20, 2006. However, because we have decided to attend a critical industry tradeshow in Las Vegas (InterBev), which takes place October 23 - 25, 2006, it is quite frankly too much to pull off in one week. So we have made the decision to reschedule the shareholders meeting for approximately one month later on Friday, November 17th. We are very excited about showing our new packaging for our original and sugar free products as well as our long anticipated alcoholic version, Hard Dickens Cider, which we all believe will become our benchmark product. Again we invite as many shareholders that can attend to attend. We have no doubt you will leave here an invigorated true believer. We will also be inviting all attendees to post their personal opinions and views of the meeting and the company on our website immediately after the meeting so that those who simply cannot attend will still be able to hear the opinions of those that do.
For more information on the company, visit their website at DickensEnergyCider.com. Primary Contact: Keith Howard 303-279-3800.
Note: Except for the historical information contained herein, this news release contains forward-looking statements that involve substantial risks and uncertainties. Among the factors that could cause actual results or timelines to differ materially are risks associated with research and clinical development, regulatory approvals, supply capabilities and reliance on third-party manufacturers, product commercialization, competition, litigation, and the other risk factors listed from time to time in reports filed by DC Brands International with the Securities and Exchange Commission, including but not limited to risks described under the caption "Important Factors That May Affect Our Business, Our Results of Operation and Our Stock Price." The forward-looking statements contained in this news release represent judgments of the management of DC Brands International as of the date of this release. DC Brands International and its managers and agents undertake no obligation to publicly update any forward-looking statements.
I know it's tough with life's obstacles, And I have been through many. What helps me is a verse from Revelation about the Second Comming of Jesus and the new Heavens and Earth.
Revelation 21:1-4
1Then I saw a new heaven and a new earth, for the first heaven and the first earth had passed away, and there was no longer any sea. 2I saw the Holy City, the new Jerusalem, coming down out of heaven from God, prepared as a bride beautifully dressed for her husband. 3And I heard a loud voice from the throne saying, "Now the dwelling of God is with men, and he will live with them. They will be his people, and God himself will be with them and be their God. 4He will wipe every tear from their eyes. There will be no more death or mourning or crying or pain, for the old order of things has passed away."
Thanks for your dedication to All Stocks
Posts: 2321 | Registered: Aug 2006
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SPRINGBORO, Ohio, Sept. 8, 2006 (PRIMEZONE) -- Heartland, Inc. (OTC BB:HTLJ.OB - News) finished the second quarter with a return to profitability. Quarterly net income was $7,029,021 including income resulting from discontinued operations. Redirection by the board of directors resulted in the improved numbers and reaffirmed the strength of the company as it moves forward into the third quarter. Improved backlogs at the existing subsidiary businesses and opportunities to complete agreements already in place for acquisitions reflect an encouraging future.
ADVERTISEMENT Mound Technologies, Inc., a Heartland subsidiary, has seen sales grow from $7,386,678 with an income of $112,448 in 2004 to a projected $11,000,000 with a net income of over $1 million in 2006. Mound presently has a backlog approaching $7 million with good margins and is negotiating contracts for work well into 2007. According to sales forecasts provided by the American Institute of Steel Construction, improved market conditions for Mound's products will prevail for the next few years. Lean management and manufacturing practices established at the company over the last two years will allow the company to capitalize on the prevailing environment to produce positive results.
The Heartland, Inc. Board of Directors continues to be optimistic about the future and will meet again in September to refine the business plan and establish new goals.
About Heartland Inc.
A growing, diversified holding company, Heartland's subsidiaries span heavy machining and fabricated steel products to specialized machinery to organic fertilizers. Heartland's breadth of product and service offerings provides economic protection and growth opportunities for investors.
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended that involve risks and uncertainties. In addition, Heartland, Inc., a Maryland corporation, and its subsidiaries, may from time to time make oral forward-looking statements. Actual results are uncertain and may be impacted by many factors. In particular, certain risks and uncertainties that may impact the accuracy of the forward-looking statements with respect to revenues, expenses and operating results. As a result, actual results may differ materially from those projected in the forward-looking statement. Heartland's operating results and past financial performance should not be considered an indicator of future performance. Investors should not use historical trends to anticipate results or trends in future periods.
posted
Welcome back J_U_ICE.. Hope all worked out as best possible.....my best personal regards....
-------------------- "No nation was ever ruined by trade." Benjamin Franklin Posts: 533 | From: Dooville, Indiana | Registered: Jul 2006
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Zapata Corporation Announces Agreement for Omega Protein's Re-Purchase of 9.3 Million Shares of Common Stock for $47.5 Million 9/8/2006
ROCHESTER, N.Y., Sep 08, 2006 (BUSINESS WIRE) -- Zapata Corporation (NYSE: ZAP) today announced it has signed an agreement with its majority-owned subsidiary Omega Protein Corporation (NYSE: OME) for Omega Protein's repurchase of 9,268,292 of the 14,501,000 Omega Protein shares owned by Zapata for $47.5 million, or $5.125 per share, payable in immediately available funds. At the closing of the transaction, Zapata's two representatives, Avram Glazer and Leonard DiSalvo, will resign from Omega's Board of Directors and Zapata will grant Omega a proxy to vote its remaining shares, subject to certain conditions.
After the transaction, Zapata will continue to own 5,232,708 shares of Omega Protein common stock, or 33% of the company. Additionally, the agreement provides that if Zapata still owns any Omega Protein's shares 270 days after the closing of this transaction, Omega Protein has the option for 120 days thereafter to purchase those shares held by Zapata at a purchase price of $4.50 per share, payable in immediately available funds. Zapata is not restricted under the agreement from selling the remaining shares in the mean time.
The closing of the sale is subject to the completion of Omega's financing and the receipt of regulatory approvals, as well as other customary closing conditions. Omega has received a commitment letter from Cerberus Capital Management, L.P. for the purpose of financing the purchase of the 9,268,292 shares. The commitment provides for a five-year, $35 million term loan and a five-year, $30 million revolving credit facility which will replace Omega's existing $20 million credit facility with a commercial bank. The closings of the Cerberus financing and the purchase of the shares from Zapata are expected to take place in the fourth quarter of 2006, subject to the completion of the closing conditions.
Avram Glazer, President and Chief Executive Officer of Zapata, commented: "We are excited about the future at Zapata. The sale of our Omega Protein shares represents an important step as we continue to explore ways to enhance shareholder value."
About Zapata:
-------------------- Trading is a blast!! Posts: 4921 | From: Rhode Island | Registered: May 2005
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quote:Originally posted by matto: You may want to watch this!!!!!!
.18 now i think
Zapata Corporation Announces Agreement for Omega Protein's Re-Purchase of 9.3 Million Shares of Common Stock for $47.5 Million 9/8/2006
ROCHESTER, N.Y., Sep 08, 2006 (BUSINESS WIRE) -- Zapata Corporation (NYSE: ZAP) today announced it has signed an agreement with its majority-owned subsidiary Omega Protein Corporation (NYSE: OME) for Omega Protein's repurchase of 9,268,292 of the 14,501,000 Omega Protein shares owned by Zapata for $47.5 million, or $5.125 per share, payable in immediately available funds. At the closing of the transaction, Zapata's two representatives, Avram Glazer and Leonard DiSalvo, will resign from Omega's Board of Directors and Zapata will grant Omega a proxy to vote its remaining shares, subject to certain conditions.
After the transaction, Zapata will continue to own 5,232,708 shares of Omega Protein common stock, or 33% of the company. Additionally, the agreement provides that if Zapata still owns any Omega Protein's shares 270 days after the closing of this transaction, Omega Protein has the option for 120 days thereafter to purchase those shares held by Zapata at a purchase price of $4.50 per share, payable in immediately available funds. Zapata is not restricted under the agreement from selling the remaining shares in the mean time.
The closing of the sale is subject to the completion of Omega's financing and the receipt of regulatory approvals, as well as other customary closing conditions. Omega has received a commitment letter from Cerberus Capital Management, L.P. for the purpose of financing the purchase of the 9,268,292 shares. The commitment provides for a five-year, $35 million term loan and a five-year, $30 million revolving credit facility which will replace Omega's existing $20 million credit facility with a commercial bank. The closings of the Cerberus financing and the purchase of the shares from Zapata are expected to take place in the fourth quarter of 2006, subject to the completion of the closing conditions.
Avram Glazer, President and Chief Executive Officer of Zapata, commented: "We are excited about the future at Zapata. The sale of our Omega Protein shares represents an important step as we continue to explore ways to enhance shareholder value."
About Zapata:
matto - OME $6.58 ZAP $7.08
Omega will purchase OME shares from Zapata at $5.125 per share - current price is $6.58. Do you expect major drop of OME P/S?
Omega Protein Announces Agreement to Purchase 36.8% of Its Outstanding Common Stock From Zapata Corporation HOUSTON, Sept. 8 /PRNewswire-FirstCall/ -- Omega Protein Corporation (NYSE: OME), the nation's leading producer of Omega-3 fish oil and specialty fish meal products, today announced that it has signed a definitive agreement with its 58% stockholder, Zapata Corporation (NYSE: ZAP), to purchase from Zapata 9,268,292 shares of Omega's common stock at a purchase price of $5.125 per share. The aggregate purchase price for the shares, which represent 36.8% of Omega's outstanding common stock, will be $47.5 million. At the closing of the transaction, Zapata's two representatives, Avram A. Glazer and Leonard DiSalvo, will resign from Omega's Board of Directors.
If Zapata still owns any shares of Omega's common stock nine months after the closing of the transaction, Omega has the option for a four-month period thereafter to purchase any remaining Omega shares held by Zapata at a purchase price of $4.50 per share.
Omega has received a commitment letter from Cerberus Capital Management, L.P. for the purpose of financing the purchase of the 9,268,292 shares. The commitment provides for a five-year, $35 million term loan and a five-year, $30 million revolving credit facility which will replace Omega's existing $20 million credit facility with a commercial bank. The closings of the Cerberus financing and the purchase of the shares from Zapata are expected to take place in the fourth quarter of 2006, subject to the completion of the Cerberus financing and the receipt of regulatory approvals, as well as the satisfaction of customary closing conditions.
The transaction has been unanimously approved by a Special Committee of Omega directors who are independent of Zapata. TM Capital Corp. has acted as financial advisor to the Special Committee, and has delivered requested opinions with respect to the transaction to the Special Committee.
Joe von Rosenberg, President and Chief Executive Officer of Omega, commented: 'This transaction will allow Zapata to exit its ownership position in an orderly fashion. We believe that the terms of the transaction are highly favorable to our stockholders and we anticipate that the transaction should be accretive to earnings per share in the future.'
About Omega Protein
Omega Protein Corporation is the nation's largest manufacturer of heart- healthy fish oils containing Omega-3 fatty acids for human consumption, as well as specialty fish meals and fish oil used as value-added ingredients in aquaculture, swine and other livestock feeds. Omega Protein makes its products from menhaden, an Omega-3 rich fish that is not utilized as seafood, but which is abundantly available along the U.S. Gulf of Mexico and Atlantic Coasts. More information on Omega Protein can be found at http://www.omegaproteininc.com .
About Cerberus
Established in 1992, Cerberus Capital Management, L.P. is one of the world's leading private investment firms with $18 billion in assets under management for individual and institutional investors, including state and corporate pension funds, insurance companies, foundations and endowments. Cerberus is headquartered in New York City, with offices in Chicago, Los Angeles, Atlanta, Amsterdam, Frankfurt, Tokyo, Osaka and Taipei.
About TM Capital
TM Capital is a merchant banking and financial advisory firm based in New York and Atlanta which has completed over 130 mergers, acquisitions and financings for clients totaling over $7 billion in value.
SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS: The statements contained in this press release that are not historical facts are forward- looking statements that involve a number of risks and uncertainties. The actual results of future events described in any of these forward-looking statements could differ materially from those stated in the forward-looking statements. Important factors that could cause actual results to be materially different from those forward-looking statements include, among others, the possibility that the transaction will not close, that the closing of the transaction will be delayed, or that the transaction will not be accretive to future earnings per share. Additional risk factors relating to Omega's business and financial results are described in further detail in Omega's filings with the Securities and Exchange Commission ('SEC') available at the SEC's website at http://www.sec.gov , including Omega's 2005 Annual Report on Form 10K under the headings, 'Management's Discussion and Analysis of Financial Condition' and 'Risk Factors.' All forward-looking statements included herein in this press release are based on information available at the time of this press release. Omega does not undertake any obligation to release publicly any revisions to these forward-looking statements to reflect events or circumstances after the date of this press release.
B2Digital, Incorporated (OTCBB:BTOD) is a provider of in-room, on-demand video entertainment and satellite services to the domestic lodging industry. The company also provides for in-room viewing of select cable channels and other interactive and information services, including high-speed Internet access. The company primarily has provided its services under long-term contracts to hotels, hotel management companies and individually-owned and franchised hotel properties.
Under the Board of Directors' direction, the company has chosen to move into the cable television market with the signing of a letter of intent to purchase over 2,000 cable television subscribers in Arizona, allowing the company to take its first step into expansion into an additional market. This letter of intent is non-binding and subject to the negotiation and execution of a material definitive agreement contemplating, among other things, payment for the assets by a combination of cash and common stock, and assumption of the liabilities and debts of the operation. Under the new concept, subscribers will be able to view total DVD quality video services along with the HD services that are available. It is B2Digital's intent to convert the standard cable television network into a streaming network television system. B2Digital also intends to add Internet services for the current subscribers by use of the current cable system. B2Digital will expand the Internet service in the near future to offer wireless services within the services area.
Robert Russell, President and CEO of B2Digital Inc., said, "Our intent is that the addition of 2,000 plus subscribers will bring us the beginning of a recurring revenue model and asset base that we need as a company. We look forward to rolling out streaming video services along with Internet services to both the residential and commercial customers."
About B2Digital, Incorporated
B2Digital, Inc. is a provider of secure and reliable Pay-per-View, video-on-demand, and digital services to the hospitality industry. The company is currently operating Pay-per-View, Broadcast-free-to-guest TV and broadband digital services in hotel rooms in North America.
Forward-Looking Statements
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. When used in this press release, the words "intends," "expects," "plans," "will" and similar expressions are intended to identify forward-looking statements. These are statements that relate to future periods and include, but are not limited to, statements regarding our adequacy of cash, expectations regarding net losses and cash flow, statements regarding our growth, our need for future financing, our dependence on personnel, and our operating expenses. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. Forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. These forward-looking statements speak only as of the date hereof. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors including, but not limited to, those set forth in B2Digital's Form 10-KSB filing and other filings with the U.S. Securities and Exchange Commission (available at http://www.sec.gov). B2Digital undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events, or otherwise.
B2Digital, Inc. Robert Russell (310) 281-2571 (C) 2006 PRIMEZONE, All rights reserved.
Posts: 199 | From: Tennessee | Registered: Apr 2006
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MIAMI BEACH, FL, Sep 11, 2006 (MARKET WIRE via COMTEX News Network) --
Universal Communication Systems, Inc. (OTCBB: UCSY) (BERLIN: UVC) (XETRA: UVC) (FRANKFURT: UVC) (MNCH: UVC) (WKN: 917633) company chairman, Michael Zwebner, announced today that the company's financial position has substantially improved at the end of the third quarter, June 30, 2006, compared to its position at the end of the last fiscal year end, September 30, 2005. He further noted that sales have increased 103% for the nine months ended June 30, 2006 compared to the same period in 2005.
Total current assets increased $579,576, from $1,187,366 at September 30, 2005 to $1,766,942 at June 30, 2006. Total current liabilities decreased $1,482,664, from $2,414,051 at September 30, 2005 to $931,387 at June 30, 2006. This represents an increase in working capital of $2,062,240, from a negative working capital of ($1,226,685) at September 30, 2005 to a positive $835,555 at June 30, 2006. The changes in current assets and current liabilities resulted from increased inventories, disposal and write-off of discontinued operations and lower accrued expenses.
In addition to the Company's improvement in its working capital position, total other assets increased $324,836, from $296,989 at September 30, 2005 to $621,825 at June 30, 2006. This increase resulted from an increase in patent assets acquired in connection with the sale of the former subsidiary, Millennium Electric TOU Limited.
Net sales for the nine months ended June 30, 2005 were $991,032 compared to $488,394 for the nine months ended June 30, 2005. The increase in sales of $502,638 was primarily attributable to sales of air water systems by the company's subsidiaries, Air Water Corporation, Atmospheric Water Technologies, Inc. and Solar Style, Inc., the Company's wholly owned subsidiary which sells a wide range of consumer electronic solar chargers and solar powered products.
Mr. Zwebner stated, "The financial figures speak for themselves, but most importantly, we now all feel very upbeat and confident about our immediate and longer term future, with most of our R&D expenditures over, our new products now in the marketplace, and a fast growing global interest in our entire range of products. The company anticipates substantial sales growth in the fourth quarter of the current fiscal year ending September 30, 2006, when settlement of consigned goods are expected to be converted to actual sales. In addition, the company's international sales efforts are finally taking off, with new sales agents and distributors in many new overseas territories being appointed. All these unending efforts and sales and marketing activities, are translating to good solid sales performances, with profitable margins."
NEW AIR WATER FRIDGES & FREEZERS - PRODUCTS LAUNCHED.
The company this week launched its new range of Water Making Fridges and Freezers. The event was hosted near Shanghai, China, and was attended by more than 100 people, many of them existing Air Water dealers and distributors from all over the world. The company is now securing its first orders and shipments to send these new unique products worldwide.
The Company anticipates that the sales for the fiscal year ending September 30, 2007 will approach and or exceed the original corporate business plans which projected $7 million in sales on a consolidated basis, along with improving gross margins and net operating results.
About Universal Communication Systems, Inc.
For more information please visit the company's website at: www.ucsy.com
About AirWater Corporation
For more information please visit AirWater Corporation's website at: www.airwatercorp.com
About Solar Style Inc.
For more information please visit Solar Style Inc.'s website at: www.solarstyle.com
Safe Harbor Statement
Caution Concerning Forward-Looking Statements
This press release includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations or beliefs, and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive, technological and/or regulatory factors. More detailed information about these factors may be found in filings by Universal Communication Systems, Inc. with the Securities and Exchange Commission, including their most recent annual reports on Form 10-KSB and quarterly reports on Form 10-QSB. Universal Communication Systems, Inc. is under no obligation to, and expressly disclaims any such obligation to, update or alter their forward-looking statements, whether as a result of new information, future events, or otherwise.
ROSH HA'AYIN, Israel, September 11, 2006 /PRNewswire-FirstCall via COMTEX News Network/ --
BVR Systems (1998) Ltd. (OTC Bulletin Board: BVRSF), announced today the award of a US $12 million contract for the supply of its distributed naval embedded training system to an international customer.
The distributed naval embedded training system is the new generation of BVR's leading Naval Combat Maneuvering Instrumentation (NCMI) system. The program includes the instrumentation of multiple naval combat platforms, as well as the provision of shore-based real-time monitoring equipment and advanced ground stations for mission planning, monitoring and debriefing. The system also provides advanced Joint Force Training capabilities by allowing high-rate tactical datalink connectivity to aircraft instrumented with the Autonomous Air Combat Maneuvering Instrumentation (AACMI) system, and to additional naval combat vessels instrumented with BVR's installed NCMI systems, all in service with the same customer.
The naval embedded training system is an advanced networked embedded simulation system, which provides real-time, at sea, confederated, on-board training capabilities to an entire naval task force. This capability is achieved through BVR's ruggedized embedded simulation computers and datalink equipment, which are installed on-board the combat vessels and integrated with the ship's various combat systems. The naval embedded training system stimulates the combat systems, and injects the synthetic environment to various crew members' combat console.
The naval embedded training system's advanced architecture enables the platform's sensors to function in the operational mode, thus providing hybrid training capabilities holding hundreds of real and simulated participants. All participant data is fused to create a seamless tactical picture, which is distributed via the datalink to the different sensors, weapons and system operators.
BVR Systems' CEO, Ilan Gillies, commented: "We are proud and honored to receive this contract that will serve to further enhance our NCMI system. We greatly appreciate this vote of confidence and ongoing satisfaction from our customer. BVR is fully committed to the achievement of our objectives and will continue to focus on customer satisfaction.
We are encouraged from the increase in new orders achieved by BVR this year in our On-Board Training products. This is an important achievement in BVR's strategy to focus our efforts in the networking and inter-operability of Live, Virtual and Constructive training systems."
About BVR Systems
BVR Systems (1998) Ltd. is a world leader in advanced defense training and simulation systems. The Company offers highly efficient, cost-effective solutions to the simulation, training and debriefing needs of modern air, sea and ground forces. For more information visit the Company's web site at http://www.bvrsystems.com
Contact: Ilan Gillies - CEO BVR Systems (1998) Ltd. Tel +972-3-900-8000
This press release may contain forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on the current expectations of the management of BVR only, and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: changes in technology and market requirements; decline in demand for BVR's products; inability to timely develop and introduce new technologies, products and applications; loss of market share and pressure on pricing resulting from competition, which could cause the actual results or performance of BVR to differ materially from those contemplated in such forward-looking statements. BVR undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. For a more detailed description of the risk and uncertainties affecting BVR, reference is made to BVR's reports filed from time to time with the Securities and Exchange Commission.
SOURCE BVR Systems (1998) Ltd.
Contact: lan Gillies - CEO, BVR Systems (1998) Ltd., Tel +972-3-900-8000 http://www.prnewswire.com Copyright (C) 2006 PR Newswire. All rights reserved.
Posts: 199 | From: Tennessee | Registered: Apr 2006
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Cognigen Networks, Inc. (OTC Bulletin Board: CGNW), the Seattle area based Internet- enabled marketer of communications services and certificated reseller, exercised its option to purchase the 50% interest in Cognigen Business Systems, Inc. (CBSi) owned by Anza Borrego Partners, Inc. (ABP) of San Diego. As a result of the option exercise, Cognigen now owns 100% of CBSi. The stock for stock transaction was completed by the issuance of 1,246,028 shares of restricted common stock to ABP, which represents 12.46% share of Cognigen Networks, Inc. issued and outstanding stock. In July of 2006, the two companies organized CBSi for the purpose of providing integrated broadband voice, data, video and environmental management services to the Quick Service Retail (QSR) industry. ABP designed and developed an integrated suite of services to support managerial communication and control for QSR franchises in a project known as Retail Technologies Co-Op (RTC). For the past two months CBSi has been installing the service in a pilot program at various Subway Restaurants throughout San Diego County, California. The pilot program is in its final stages, but has been so successful that CBSi has already obtained customer commitments for three year service agreements in the initial roll out areas of California and Oregon prior to pilot completion. Full details of the option and acquisition agreement are provided in the Current Report on Form 8- K being filed by Cognigen with the SEC.
Carl L. Silva, Jr., ABP's CEO and chief architect of the integrated VoIP based services known as RTC, commented regarding the acquisition of its interest in CBSi by Cognigen. "The shareholders of Anza Borrego Partners, Inc. are delighted to become significant shareholders in Cognigen. As president and CEO of CBSi, I am confident we will make significant contributions to revenue growth and earnings for the benefit of all Cognigen shareholders. While CBSi operates as a separate corporate entity, and now a wholly owned subsidiary of Cognigen, our efforts and management are fully integrated with the overall Cognigen system. CBSi's ability to leverage Cognigen's agent channel to sell and support CBSi's products creates tremendous synergy for both companies."
Christopher R. Seelbach, Cognigen's board chairman, said, "This acquisition clearly demonstrates our commitment and confidence in our ability to sell into the enterprise model developed for CBSi. For the past two years Cognigen has focused its agents on developing greater revenue growth in sales of services to small and medium sized businesses. The results of those efforts have been very gratifying. Our transition to VoIP based services through the CBSi /RTC program creates even larger opportunities for our agents. Building on the foundation of Cognigen's core business as an Internet based direct seller of telecommunication services we have now also become a managed service company. Sales for this balanced combination of services will be fueled by our effective and experienced agent distribution channel. CBSi is poised to capture a significant market share of the QSR industry through the special relationships it has developed with Subway Restaurant franchisees and other franchise brand owners. If CBSi is able to execute a nationwide roll out of its RTC services among the 21,000 plus Subway franchises in the United States, we anticipate the potential for attaining annual revenue in the range of $30 million. By effectively solving technology management problems for the owners of multiple QSR franchise locations, or multiple QSR brands, the CBSi VoIP based technology will provide us with the means of seeking even greater market share available among the other 550,000 plus U.S. based QSR franchise locations."
Mr. Silva added these comments, "Having successfully completed installation of basic broadband based service bundles in Subway restaurants in our pilot program, we are now focused on moving forward with installations in Subway Restaurant locations in San Diego County with near term expansion to additional Subway franchises in California, Arizona, Oregon, Florida, the Mid- Atlantic states, and Canada. Our primary objective is to provide our RTC services to approximately 21,000 Subway franchised restaurants in the United States within the next thirty months. We are also aggressively pursuing expansion into other QSR franchisee organizations, as well as other affiliated vertical market opportunities. According to U.S. Bureau of the Census data, over 1.5 million commercial retail establishments comprise market opportunities for CBSi's bundled broadband services."
Since becoming a public company seven years ago, Cognigen has served approximately 860,000 customers worldwide who have purchased telecommunication and personal technology services and products from the Company's websites. Each of the approximately 134,000 persons, who are currently registered as Cognigen agents, has a website that is replicated from the main www.ld.net site. These web sites are provided free of charge to the agents immediately upon signing up as a Cognigen independent representative.
About Cognigen
Cognigen Networks, Inc., based in metropolitan Seattle, Washington, offers a wide range of telecommunication services and related technology products via its Web site, http://.www.cognigen.net . Cognigen's robust marketing engine harnesses distribution channels featuring a prominent Internet presence, a network of independent agents and several affiliate groups, each having their own customized Web site. Cognigen's agent initiated sales as well as those generated directly off its main website are fulfilled via proprietary software utilizing the Internet. The Company sells its own proprietary services under the Cogni label as a certificated reseller and carrier, and resells the services of industry leaders such as AT&T, AccuLinq, Inphonic Cellular, ShopForT1, Convergia, IBN Tel, Pioneer Telephone, OPEX, PowerNet Global, UniTel and Trinsic / Z-Tel. Cognigen is authorized to operate as an interstate and international carrier under Section 214 of the rules of the Federal Communications Commission and is regulated by some forty four state public utility commissions as a reseller of interstate and intrastate long distance telecommunications services. Since September of 1999, Cognigen has sold, on behalf of its vendors and for its own account, services and products to approximately 860,000 customers worldwide.
The information herein contains forward-looking statements, including, without limitation, statements relating to Cognigen Networks, Inc. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, no assurance can be given that such expectations will prove to be correct. The forward-looking statements involve risks and uncertainties that affect the Company's business, financial condition and results of operations, including without limitation, the Company's possible inability to become certified as a reseller in all jurisdictions in which it applies, the possibility that the Company's proprietary customer base will not grow as the Company expects, the Company's inability to obtain additional financing, the Company's possible lack of producing agent growth, the Company's possible lack of revenue growth, the Company's possible inability to add new products and services that generate increased sales, the Company's possible lack of cash flows, the Company's possible loss of key personnel, the possibility of telecommunications rate changes and technological changes, the possibility of increased competition, and the possibility that the operations of CBSi will not prove to be successful. Many of these risks are beyond the Company's control. The Company is not entitled to rely on the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, or Section 2lE of the Securities Exchange Act of 1934, as amended, when making forward- looking statements.
SOURCE Cognigen Networks, Inc.
Gary L. Cook of Cognigen Networks, Inc., +1-425-329-2315 voice, +1-425-329-2301 fax, or Gary*seattle.cognigen.net http://www.prnewswire.com Copyright (C) 2006 PR Newswire. All rights reserved.
Posts: 199 | From: Tennessee | Registered: Apr 2006
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Published in M2 PressWIRE on Monday, 11 September 2006 at 09:46 GMT Copyright (C) 2006, M2 Communications Ltd.
Qufu, China - Sunwin International Neutraceuticals, Inc. (OTCBB: SUWN), a leader in the production and distribution of Chinese herbs, veterinary medicines and low calorie sweetener (Stevia) in China, announced today it generated substantial sales of Stevia in July and August.
In July 2006, Sunwin manufactured and sold approximately 29.4 tons for approximately $0.88 million, an approximately 20% increase over the same period of 2005. In August 2006, Sunwin manufactured sold approximately 37.51 tons for approximately $1.12 million, an approximately 30% increase over the same period of 2005. The increased sales were mainly caused by the demand from some Far East countries, such as Malaysia, Thailand and Singapore.
Stevia, a natural sweetener extracted from the leaves of the Stevia rebaudiana plant, is used as a food additive in a wide variety of products such as beverages, pastries, dairy products, candies, confections, and medicinal products in Japan, China, Malaysia, Israel, South Korea, Brazil , and numerous Latin American countries.
Laiwang Zhang, President and Chairman of Sunwin International, commented, "As we are faced with finding solutions to our alarming growth rates of obesity and diabetes, Sunwin Stevia is positioned perfectly as the best choice for today's consumers. Stevia use by diabetics as well as health conscious individuals worldwide has been growing substantially over the last 15 years. We believe Stevia is the sweetener of the future, as Stevia is natural and no molecules have been altered and on synthetic molecule has been added while providing real sugar experience without adding calories. The human body does not metabolize the sweet glycosides from the leaf or any of its processed forms; therefore, the body retains few if any calories from Stevia. For those who have blood sugar and blood pressure problem, as well as weight problem, Stevia is an excellent supplement to their daily diet. We expect to see worldwide demand for our Stevia to continue its strong growth for years to come."
About Sunwin International Neutraceuticals, Inc.
Sunwin International Neutraceuticals, Inc. (OTCBB: SUWN) is engaged in the areas of essential traditional Chinese medicine, low-calorie natural sweetener (Stevia), and veterinary medicines and feeds prepared from 100% organic herbal ingredients. As an industry leader in agricultural processing, Sunwin has built an integrated global firm with the sourcing and production capabilities to meet the needs of consumers throughout the world. Sunwin also makes such value-added products as specialty veterinary food ingredients and specialty feed ingredients. The Sunwin family works closely with consumer to provide a quality and a hybrid mix of agricultural products and services that meet growing demand. For more info about Sunwin, please visit http://www.sunwin.biz
Safe Harbor Statement
Certain of the statements set forth in this press release constitute "forward-looking statements." Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words or expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to grow its business. Reported results should not be considered as an indication of future performance. More information about the potential factors that could affect the Company's business and financial results is included in the Company's filings, available via the United States Securities and Exchange Commission.
For further information, please contact: Tel: +1 877 China 57 e-mail: info*sunwin.biz Release date: 11 Sep 2006
Posts: 199 | From: Tennessee | Registered: Apr 2006
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LOS ANGELES, Sept. 11 /PRNewswire-FirstCall/ -- Cord Blood America, Inc. (OTC Bulletin Board: CBAI - News) Chairman and CEO Matthew L. Schissler in an interview with EquityGroups.com (http://www.equitygroups.com) said that the Company recently posted record revenues, topping $1 million for a quarter, and said it is looking for possible strategic mergers and acquisitions. Cord Blood America is the umbilical cord blood stem cell preservation company, focused on bringing the life saving potential of stem cells to families nationwide.
Mr. Schissler in the interview provides background on the Company, why it is important for parents to consider storage of umbilical cord blood stem cells, financial highlights from the most recent quarter, and information on Cord Blood America's unique payment plans that allow families without significant disposable income at the time of birth to still store umbilical cord blood. This payment plan has opened up a new demographic for our Company and plays a key role in our significant revenue growth, Mr. Schissler said.
About Cord Blood America
Cord Blood America (OTC Bulletin Board: CBAI - News) is the parent company of Cord Partners, which facilitates umbilical cord blood stem cell preservation for expectant parents and their children. Its mission is to be the most respected stem cell preservation company in the industry. Collected through a safe and non-invasive process, cord blood stem cells offer a powerful and potentially life-saving resource for treating a growing number of ailments, including cancer, leukemia, blood, and immune disorders. To find out more about Cord Blood America, Inc. (OTC Bulletin Board: CBAI - News), visit our website at www.cordpartners.com. For investor information, visit www.cordblood-america.com.
Forward-Looking Statements
Some statements made in this press release are forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. We use words such as "anticipate," "believe," "expect," "future," "intend," "plan," and similar expressions to identify forward-looking statements. These statements including those related to the growth of the industry, new stem cell treatments, and the Company's performance, are only predictions and are subject to certain risks, uncertainties and assumptions. Additional risks are identified and described in the company's public filings with the Securities and Exchange Commission. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The company's past performance is not necessarily indicative of its future performance. The company does not undertake, and the company specifically disclaims any obligation to update any forward-looking statements to reflect occurrences, developments, events, or circumstances after the date of such statement.
CONTACT: Paul Knopick E & E Communications 949/707-5365 pknopick*eandecommunications.com
PRESCOTT, AZ--(MARKET WIRE)--Sep 11, 2006 -- Produce Safety and Security International, Inc (Other OTC:PDSC.PK - News) ("PDSC"), an ozone and chemical sanitation disinfectant process supplier to the food and medical industries, announces the signing of an exclusive marketing agreement with KTCC of Korea and Germany.
PDSC will be the exclusive North American distributor of KTCC's Medilox product line, a registered disinfectant generation and sterilization system. Medilox is safer for humans and the environment, faster in reaction, stronger in efficacy, broader in application, less costly and easier to use then current products on the market.
The Medilox product line's target market is hospitals, and other medical facilities, for use in all departments; including OR, ICU, ER, Burn Treatment, Endoscopy, NICU, Dental Surgery, Dialyzing Room, CSR, Ophthalmology, Sickrooms, PS, Dining halls and all other departments.
Clarence W. Karney, CEO of Produce Safety & Security International, states, "The North American marketing agreement with KTCC will provide eight profit centers. We project annual revenues for the Medilox product line at $6,000,000 and feel it will complement our current revenue producing centers. This product line will be marketed and distributed by the PDSC offices and will generate revenues immediately, as we already have contract sales waiting for delivery."
About KTCC
KTCC specializes in hygienic and clean room technologies applicable to all areas of the medical care industry. KTCC's goal is to develop safer and more environmentally friendly biological technologies and ideas. It utilizes its thorough understanding of the medical care and related industries, as well as feedback from its international network of sales and marketing offices.
KTCC's international divisions include KnSc Europe GmbH, K America Corp. and KNK Corporation China. KnSC Europe GmbH incorporates the engineering requirements of the international sterilization community into KTCC's commercially available, infection control products, which lead to the design and manufacture of a sterilization solution for the medical, dental and pharmaceutical industries. Its Hy-Generators are used in hospitals and restaurants, for virus attack prevention.
About Produce Safety & Security International, Inc. (PDSC)
PDSC has developed and patented products for extending the shelf life of perishables. The EPA-registered products sanitize and disinfect against food-borne illness pathogens and disease-causing bacteria. PDSC provides a range of options for retail stores, restaurants, cruise ship lines, disaster cleanups and municipal programs. Furthermore, the process incorporates a complete audit trail, an essential component for complying with government regulations in the USA, Canada and Mexico.
PDSC's state-of-the-art ozone process has been shown to extend the shelf life and remove food borne illness bacteria. This process will provide retail produce departments reduced shrinkage, increase the bottom line and provide a fresher product for the consumer. The customer will be assured of a safe food product, by use of this process, which may be used on organic produce to remove the pathogens. This process uses no chemicals thus meeting the requirements of organic certification.
For further product information, joint venture opportunities, distributorship program information, or program applications, please go to PDSC's website www.foodsafeint.com.
Safe Harbor
Forward-looking statements made in this release are made pursuant to the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements made by Produce Safety & Security International, Inc. are not a guarantee of future performance. This news release includes forward-looking statements, including with respect to the future level of business for the parties. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward-looking statements as a result of certain risk factors that could cause results to differ materially from estimated results. Management cautions that all statements as to future results of operations are necessarily subject to risks, uncertainties and events that may be beyond the control of Produce Safety & Security International, Inc. and no assurance can be given that such results will be achieved. Potential risks and uncertainties include, but are not limited to, the ability to procure, properly price, retain and successfully complete projects, and changes in products and competition.
On Monday, September 11, 2006, The NASDAQ Stock Market® will observe a moment of silence from 10:29 to 10:30 a.m., ET, in remembrance of those who lost their lives on September 11, 2001.
We invite market participants to join NASDAQ® in this silent remembrance. Since trading will not be halted during this time, NASDAQ requests that market participants use their best judgment and sensitivity in regards to trading during the moment of silence.
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards! Posts: 8890 | Registered: Jan 2006
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GS CleanTech Executes Agreement with Ethanol Producer; Company's Technology Extracts Corn Oil from Ethanol Byproduct for Conversion into Biodiesel 9/11/2006
NEW YORK, Sep 11, 2006 (BUSINESS WIRE) -- GS CleanTech Corporation (OTC Bulletin Board: GSCT) today announced its execution of a definitive agreement with an Iowa-based ethanol producer to extract about 3.3 million gallons per year of crude corn oil from the producer's distillers dried grains for conversion into a biodiesel feedstock using GS CleanTech's proprietary corn oil extraction technology.
GS CleanTech's patent-pending Corn Oil Extraction Systems(TM) have been engineered to help ethanol producers enhance production and increase revenues out of their existing crop in cost-effective and rapid ways.
GS CleanTech's pricing model for its corn oil extraction technology is based on GS CleanTech's provision of turn-key extraction systems for no up-front cost in return for long-term agreements to purchase the extracted corn oil based on a fixed discount to prevailing fuel prices.
Under the terms of the new agreement, GS CleanTech will install its Corn Oil Extraction System(TM) on-site at the ethanol facility where it will initially generate about $4.0 million in annualized revenues from the purchase and sale of the ethanol facility's extracted corn oil as a biodiesel feedstock.
David Winsness, GS CleanTech's president and chief operational officer said that "Our ethanol program continues to build momentum. Corn-derived ethanol producers clearly recognize the need to improve their energy balance. The surest and quickest way to do this is to implement technologies that enhance the yields and operating efficiencies of traditional production processes. Our corn oil extraction technology is the first of several new technologies that we are bringing to market to meet those objectives."
GS CleanTech's Focus on Ethanol Production
GS CleanTech is focused on delivering technologies and process innovations to the ethanol production industry with a view towards maximizing the yield of corn-based ethanol production.
Traditional ethanol processing converts each bushel of corn, which weighs about 54 pounds, into about 18 pounds of ethanol, 18 pounds of carbon dioxide, and 18 pounds of distillers dried grains (DDG), which contain about 2 pounds of fat. This corresponds to a corn to clean fuel conversion efficiency of about 33%, or about 2.8 gallons of clean fuel per bushel of corn. GS CleanTech's ambition is to increase this efficiency as much as possible.
GS CleanTech's patent-pending corn oil extraction and biodiesel processing technologies convert the fat in the DDG into a high grade corn oil that can then be converted into biodiesel on close to a 1:1 volumetric basis. This increases the corn to clean fuel conversion efficiency described above to 36%, or about 3.0 gallons of clean fuel per bushel of corn. This increased yield per bushel may not seem like much, but it adds up.
GS CleanTech's corn oil extraction program allows a typical 50 million gallon per year ethanol production facility to increase their revenues by about 3.5%, or by as much as $4.7 million in new annualized sales.
Winsness added: "We believe that our technologies can and should play a significant role in improving the net energy value of corn-derived ethanol while enabling ethanol producers and their communities to maximize the fuel yield out of their existing crops."
Additional information on GS CleanTech's corn oil extraction technology and GS CleanTech's Ethanol Program is available online at www.gs-cleantech.com.
GS CleanTech's Corn Oil Extraction System(TM)
GS CleanTech's Corn Oil Extraction System(TM) offers the following compelling benefits for ethanol producers:
-- Increased Revenue - The corn oil extracted is readily amenable to refining into biodiesel fuel which creates a new revenue stream for participating ethanol facilities;
-- Reduced Operating Costs and Emissions - Corn oil removal can improve drying efficiency by more than 10% with reduced natural gas or coal needs and reduced emissions (NOx, SOx, VOC, and CO2);
-- Low Operating Costs - The system requires less than $0.05 per gallon of corn oil produced;
-- High Recovery Rates - The technology is capable of recovering up to 75% of the corn oil within the DDG; and,
-- Increased Inclusion Rates - Corn oil removal can improve defatted DDG marketability and inclusion rates by reducing fat content.
About GS CleanTech Corporation
GS CleanTech Corporation (OTC Bulletin Board: GSCT) provides applied engineering and technology transfer services based on clean technologies and process innovations that make it cost-effective and easy to recycle and reuse resources.
-------------------- ......in Psychiatry circles it's known as a "warning sign" Posts: 1736 | From: Saint Louis | Registered: Jul 2005
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Collectible Concepts Group Reports Excellent "Sell-Thru's" Monday September 11, 9:00 am ET
DOYLESTOWN, PA--(MARKET WIRE)--Sep 11, 2006 -- Collectible Concepts Group, Inc. (OTC BB:CCGI.OB - News) announced today that it is extremely pleased with the initial sales of its new "Game-Day Shakers" (licensed logo salt and pepper shakers) in supermarkets currently selling those items.
Stephen Cassidy, CCGI sales representative, reported that one of his clients had already re-ordered twice and the NFL season has just begun.
About Collectible Concepts Group
Collectible Concepts Group, Inc. develops and markets unique licensed sports and entertainment collectible merchandise for specialty, mass retail and online distribution. Nationally recognized in direct response marketing, replica design, mass-market distribution and e-commerce marketing, Collectible Concepts and its products are renowned both for quality and authenticity. Licenses include over 25 colleges and universities, including: The National Basketball Association (NBA), The National Hockey League (NHL), Arena Football, and others. For more information, visit: www.collectibleconcepts.com or www.otcfn.com/ccgi.
SAFE HARBOR STATEMENT
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations, are generally identifiable by the use of words such as "believe," "expect," "intend," "anticipate," "estimate," "project," or similar expressions. These forward-looking statements relate to, among other things, expectations of the business environment in which the Company operates, projections of future performance, potential future performance, perceived opportunities in the market, and statements regarding the Company's mission and vision. The Company's actual results, performance, and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements.
Contact: Contact: Rick McCaffrey Investor Relations for Collectible Concepts Group OTC Financial Network 781-444-6100 x625 Email Contact
posted
Fire Mountain Beverage Company Declares Dividend to Shareholders of Record MONDAY, SEPTEMBER 11, 2006 9:00 AM - PrimeZone
VALENCIA, Calif., Sept. 11, 2006, Sep 11, 2006 (PRIMEZONE via COMTEX) -- Fire Mountain Beverage Company (Pink Sheets:FBVG) today announces its plan to issue a special stock dividend to its shareholders. The directors of Fire Mountain Beverage Company have agreed to issue a stock dividend of 8% to all actual shareholders of record. The official established record date for this transaction will be November 2, 2006. Every shareholder of record will receive 8 shares of restricted stock for every 100 shares held in FBVG (Example: 800 for every 10,000). More details will be forthcoming.
According to Anthony Miller, CEO, "We are excited to share this bonus with our loyal shareholders...who have stuck with us through thick and thin. We have worked hard to keep our float small and keep our growth steady. In recent months we have made remarkable growth as a beverage firm; this provides us with confidence that our future will be secure, thus encouraging us to share with our stockholders what we believe evidence of our maturation in the beverage industry. We have tremendous goals ahead of us and we are moving steadfast to accomplish our objectives. This transaction will provide investors with an opportunity to benefit from our great work. We ask for your continued loyalty as we continue to grow in our business sector, and again thank you for your support."
Fire Mountain Beverage Company bottles, develops, markets, sells, and distributes branded purified and oxygenated-vitamin-flavored water beverages and co-packs and markets a wide range of beverages. The Company products are orientated to the health conscious consumer looking for alternatives to tap water and carbonated beverages containing sugar, caffeine, sodium and carbohydrates. Fire Mountain's customer base includes single and multi-store retail operations, governmental agencies, distributors, convenience stores, schools and other outlets. These products take advantage of current market trends in the beverage industry that enhance the quality of life.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act: Statements in this news release may contain forward-looking information within the meaning of Section 27a of the U.S. Securities Act of 1993 and Section 21E of the Securities and Exchange Act of 1934, and is subject to the safe harbor created by those sections. All statements, other than statements of historical fact, are forward-looking statements that involve various risks and uncertainties, which may individually or mutually, impact the matters described herein. There can be no assurance that such statements will prove to be accurate, and the actual results and future events could differ materially from those anticipated in such statements. The company assumes no obligation to update the information contained in this release. Readers should not place undue reliance on any forward-looking statements contained herein.
Fire Mountain Beverage Company Anthony K. Miller, CEO (661) 362-0716 info*firemountainbeverage.com
(C) 2006 PRIMEZONE, All rights reserved.
-------------------- Penny stocks are often very volatile, and just as often unpredictable. - Peter Leeds Posts: 254 | From: lawn guy land, new york | Registered: Feb 2006
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FOR IMMEDIATE RELEASE Contact: David W. Moskowitz MD CEO, GenoMed tel. 314.983.9933 dwmoskowitz*genomed.com
ST. LOUIS—September 11, 2006--GenoMed (OTC Pink Sheets GMED), the Next Generation Disease Management company whose business is public health™, announced today that it has submitted a case report of a sickle cell patient whose pain disappeared with GenoMed's treatment approach, only to recur when GenoMed's treatment was stopped.
The patient is a middle-aged African American woman who for years required multiple pain pills every day to tolerate the pain of her sickle cell disease. Since beginning GenoMed's trial on Dec. 22, 2005, she experienced no pain until her trial medication ran out on February 6, 2006. Said her physician, who is lead author on the case report, "Prior to this experiment, for over two years, there has not been more than a day, at least during the winter months, when she has not required some Vicodin."
Her pain ceased within a few days of resuming GenoMed's treatment in February. In June, her physician intentionally stopped GenoMed's treatment. Off GenoMed's treatment, the patient's pain recurred within a week. When she again resumed GenoMed's treatment, her pain again stopped within a few days. She has been pain-free on GenoMed's treatment for three months now, since June.
Said Dr. David Moskowitz, GenoMed's CEO and Chief Medical Officer, "Although only a single patient, she satisfied Koch's postulates, which constitute a rigorous clinical test. As long as the patient was using our treatment, her pain was gone. On two occasions, one accidental and one deliberate, our treatment was stopped. On both occasions her pain recurred promptly, only to disappear quickly after treatment was resumed. It doesn't get much more convincing than this."
Added Dr. Moskowitz, "Ever since Max Perutz showed the molecular defect in sickle cell hemoglobin in 1946, for which he won the Nobel Prize, sickle cell disease has been a sober reminder that knowing the molecular cause of a disease is still a far cry from curing it."
Dr. Moskowitz ended by saying, "We're eager to acquire more sickle cell patients to see if what has cured this patient's pain will work for every patient. It's fitting that we should arrive at this potential cure during America's Sickle Cell Awareness and Pain Awareness Month."
About GenoMed
GenoMed owns patents pending for the use of already existing, safe blood pressure pills to treat many diseases besides high blood pressure, including sickle cell disease. To enroll in GenoMed's sickle cell disease trial, please contact Dr. Moskowitz at dwmoskowitz*genomed.com.
Safe Harbor Statement
This press release contains forward looking statements, including those statements pertaining to GenoMed, Inc.'s (the Company's) finances and treatments. The words or phrases "ought to," "should," "could," "may," or similar expressions are intended to identify "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ materially from those projected in the forward looking statements as a result of a number of risks and uncertainties, including but not limited to our research and development being subject to scientific, economic, regulatory, governmental, and technological factors. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. Unless otherwise required by applicable law, we specifically disclaim any obligation to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.
Posts: 3255 | From: Los Angeles California | Registered: Jan 2006
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US Energy Initiatives Receives $54,000,000 Agreement to Convert 10,000 Buses over Five Years and to Grant Exclusive License Rights for the Bus Industry to PS Natural Gas Company Ltd Thailand US Energy Initiatives Corporation ("US Energy" or "the Company") (OTCBB:USEI) today announced the Company has granted an exclusive license through its sub licensee GreenGas (Asia) Ltd ("GreenGas") to PS Natural Gas Company Ltd Thailand ("PSGas") for the bus industry within the licensed territory. As a part of the license, US Energy, through GreenGas, will convert a minimum of 10,000 buses from diesel to the Company's patent dual-fuel diesel to natural gas systems over a five year period. Total contracted systems sales for US Energy for the 10,000 units sold over 5 years is in excess of $54,000,000.
PSGas was formed in 2006 specifically to address the conversion of buses from diesel to operate on natural gas. It has partnered with PTT Public Company Limited, the distributor of compressed natural gas in Thailand; Kasinkorn Bank, a leading Thai Bank that will provide secure financial packages to the bus fleet owners, and; Thai Transport Co Ltd, a leading bus operator in Thailand. There are over 90,000 buses in Thailand. The license grants exclusive rights to PSGas to the bus industry throughout the licensed territory. By rule in Thailand, the price of natural gas must always be sold for no more than 50% of the cost of diesel. The use of natural gas in place of diesel eliminates a number of harmful pollutants most importantly particulates. The conversion of 10,000 buses represents a dramatic savings in the cost of fuel and significantly contributes to the many steps being taken to reduce pollution in Thailand.
"Together with GreenGas NGV, we are pleased to have been selected by PSGas to deploy our patent, dual-fuel technology in support of their mission in Thailand" said US Energy CEO Mark Clancy. "Further, the licensing of PSGas together with the General Motors Thailand (GMTH) C190 Colorado pick-up program due to launch during December 2006, represents a major milestone for US Energy. Our marketing strategy is to deliver our patent dual-fuel technology to the consumer both through the OEM as well as the aftermarket. The Company is now positioned through GMTH with the world's largest automotive OEM and through PS Gas our technology is now scheduled for installation in at least 10,000 buses over a five year period. We look forward to exceeding the challenges these opportunities present" concluded Mr. Clancy.
About US Energy Initiatives Corporation and GreenGas NGV (Asia) Limited: GreenGas is the exclusive distributor for US Energy in Thailand. US Energy established in 1996, is an ISO-9001 certified manufacturer commercializing its patented dual-fuel diesel to natural gas conversion technology to the automotive aftermarket and through certain original equipment manufacturers (OEM'S). The Company's primary facility is a state-of-the-art systems development and emission testing lab in Atlanta, Georgia. The Company's current clients include General Motors (NYSE:GM - News), http://www.gm.com; United Parcel Service (NYSE:UPS - News), http://www.ups.com; US Postal Service; Dallas County School System, Portland, Oregon School System; Oklahoma Natural Gas and a host of private purchasers.
About PSGAS: PSGAS was formed in 2006 specifically to address the conversion of buses from diesel to NGV. It has partnered with PTT (the distributor of CNG in Thailand), Kasikorn Bank, a leading Thai Bank that will provide secure financial packages to the bus fleet owners, and Thai Transport Co Ltd, a leading bus operator in Thailand. PSGAS has commissioned a new modern bus engine and conversion workshop with experienced diesel engineers from Germany and Thailand. This facility will handle 10 conversions at a time and have a roll-out capacity of 30 buses per week. Further workshops are planned for other regions as the infrastructure and refuelling capacity is improved. PSGAS expect to have a capacity to convert 100 buses per week by end 2007.
Investors are cautioned that certain statements contained in this document are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes," "anticipates," "intends," "plans," "expects" and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future US Energy Initiatives actions, which may be provided by management, are also forward-looking statements as defined by the act. These statements are not guarantees of future performance.
For US Energy Initiatives Corporation, Tampa Core Consulting Group Paul DeRiso, 925-465-6088 http://www.usenergyic.com
Source: Business Wire (September 11, 2006 - 7:05 AM EST)
El Alacran Gold Mine Corp. Completes Acquisition of the Alacran-Scorpio Mine
2006-09-11 09:45 ET - News Release
TORONTO -- (MARKET WIRE) -- 09/11/06
El Alacran Gold Mine Corp. (PINKSHEETS: EAGM) a precious metal mining company, finalized the acquisition of The Alacran-Scorpio Mine, located directly adjacent to the Company's flagship property of El Alacran.
"We were working diligently on bringing this property under El Alacran Gold Mine Corp.," said Rafael Delgado, C.E.O. of El Alacran Gold Mine Corp. "It is a property that most definitely will require extensive studies to assess the property's full resource potential. We have our Company's Geology and Geophysics Consultant, Mr. Mario Monroy, working on the strategies and will be implementing them with our experts in the field."
Mr. Jaime Infante will be the Lead Project Developer for this property, who currently has over 33 years experience in Direction and Management of Energy projects throughout South America. This includes the planning, development, construction and operation of oil & gas, thermo/hydro power plants, as well as the mining sectors like coal, gold, silver and platinum mines. As a Civil Engineer, Mr. Infante will be taking the lead on the Alacran-Scorpio project dealing with the day to day mining operations.
"It is a pleasure and privilege to be working with such a great team," said Mr. Infante. "We know the potential of our current properties. The entire area is rich with gold, silver and massive copper resources that will surely impact our Company's worth over the years to come. We must study the complete area in depth in order to provide our shareholders with the most precise results."
Based on the Company's decision to further explore both initial mines in depth, El Alacran Gold Mine Corp. has been heavily involved in negotiations with two producing properties. The Company will be releasing information on these upcoming mines very shortly.
About El Alacran Mining Corp (PINKSHEETS: EAGM)
EAGM is a precious metal mining company engaged in the acquisition, development, and production of properties throughout South America. The Company currently engages in gold, silver and copper mining and related activities, including exploration, extraction, processing, and refining throughout Colombia. El Alacran's staff consists of senior geologists, civil and mining engineers; all of them with extensive experience resulting in the best knowledge to explore and develop the interests of the company.
Forward-Looking Statements
Statements contained in this news release, which are not historical facts, are forward-looking statements within the meaning and pursuant to the Safe Harbor provisions of the Securities Litigation Reform Act of 1995 that involve risks, uncertainties and other factors that could cause actual results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things: volatility and sensitivity to market prices for gold; replacement of reserves; procurement of required capital equipment and operating parts and supplies; equipment failure; unexpected geological or hydrological conditions; political risks arising from operating in certain developing countries; imprecision in reserve estimates; success of future exploration and development initiatives; competition; operating performance of the facilities; environmental and safety risks including increased regulatory burdens; seismic activity, weather and other natural phenomena; failure to obtain necessary permits and approvals from government authorities; changes in government regulations and policies including tax and trade laws and policies; ability to maintain and further improve positive labor relations; and other development and operating risks. Although El Alacran Gold Mining Corp. believes that the assumptions inherent in the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this report. The company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
Contact: email- Email Contact Phone- 1800 880 9286 Fax- 416 499 8806
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